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Old 09-17-2011, 04:32 PM
citizen1080 citizen1080 is offline
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Quote:
Originally Posted by choklo [You must be logged in to view images. Log in or Register.]
I have an escrow question. Is the fee always a set percent of the final transaction? In real estate, the fee varies depending on the price. If a guy sells a house that's say between $150k and $400k, the fee is set at 5%. If he sells a house for $million, the fee is adjusted to say 3%.
It makes sense to me to cap it so it's not crazy like 50k.
On the super high end I am willing to work with clients on a case to case basis. However for the most part those items take a long time to sell compared to cheaper stuff so more of my time invested trying to sell it = flat fee fair.
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